Is Sand The New Oil And Gas Battleground?OilPrice.comIs sand the next battleground for energy development? The early salvos are taking place in Minnesota’s Winona County. In late 2016, Winona County commissioners voted to ban what the Minneapolis Star Tribune phrased in its report “the highly contentious …

Astronomers concerned as oil field light pollution closes inHouston ChronicleApache in September announced it had discovered a new field with the equivalent of 15 billion barrels of oil and gas, the Alpine High. It’s the closest part of the Permian to the observatory, about 30 miles away, and the problem is this: The closer a …

Positive signs in oil industry not seen as boon to local fields — yetThe Bakersfield CalifornianThe first bit of news came from the U.S. Bureau of Economic Analysis, which found that investment in oil and gas nationwide recorded its biggest jump on record in the first quarter of this year. Then California oil giant Chevron, which has extensive …

Fire still blazes in Lukoil’s Komi oil fieldThe Independent Barents ObserverThe fire in Lukoil’s oil field in Shchelyabozh, near the Komi town of Usinsk, started 10th April and has since created a column of black smoke visible for tens of kilometers away. A representative of the company now says to 7×7-journal that new efforts …

Colombia’s Second-Biggest Pipeline Attacked, AgainOilPrice.comColombia’s second-largest pipeline, Cano-Limon Covenas with a 210,000-bpd capacity, was attacked early on Thursday, as a result of which oil was spilled and the flow of crude along the pipeline was halted, Colombia’s state oil firm Ecopetrol said in a …

Will Trump Spark An Offshore Drilling Boom?OilPrice.comIn 2015, after completing one well in the Chukchi Sea with disappointing results, Shell abandoned the Arctic and wrote down its assets. Shell’s Arctic program came to a halt because of low oil prices and poor prospects in the Chukchi – President Obama …

Total approves its first energy project since the oil price crashFinancial TimesThe Paris-based group said adjusted net profit rose 56 per cent to $2.6bn in the three months to March 31, ahead of analysts’ estimates, as Brent crude prices increased by 58 per cent compared with the same period last year. Total said a rebound in oil…

Is The Geopolitical Risk Premium In Oil Overrated?OilPrice.comWhen OPEC instituted their recent production cuts, the theory was that oil markets would balance after crashing in 2014. After Donald Trump won the presidency, many speculated that price fluctuation would become the norm based upon his inexperience in …

Exxon Hikes Dividend Yet Again, Despite Low Oil PricesOilPrice.comExxonMobil has continued its streak of hiking its dividend, announcing another increase in its payout to shareholders on Wednesday. The oil major has boosted its dividend every year for more than three decades, but the collapse of oil prices since 2014 …

U.S. And Allies Hit Oil-Related ISIS Targets In Syria And IraqOilPrice.comTwenty-nine new strikes by the United States and coalition forces have hit targets—including oil infrastructure—in Iraq and Syria, according to officials from Operation Inherent Resolve. “Near Dayr Az Zawr, six strikes destroyed nine ISIS oil tankers …

French Total Considers Stake In Aramco IPOOilPrice.comTaking part in the much-anticipated IPO of Saudi Aramco is not off the table for oil major Total SA because it could be a good investment, the French group’s chief executive said on Thursday, but noted that any study of a possible participation is …